Turkey approves EIA for South Stream section.

The Ministry of Environment and Urban Planning of Turkey approved the environmental impact assessment (EIA) for South Stream Pipeline's offshore section in Turkey.

The report concluded the project will not have "considerable effect" on the Black Sea or the regional fishing industry. Additionally, it offered a number of measures to mitigate environmental effects from the project. For example, it asked that the pipeline bypass certain locations know for shipwrecks. Such measures are already incorporated in the design.

The 2,400-km pipeline will carry Russian gas to southern Europe through the Black Sea. South...